Learn lean supply chain management concepts that will help improve inventory reduction and flow.
Over the last 25 years, lean supply chains have been focused on being just in time and using the lowest possible cost. This has worked well because the market needs to be changed slowly, but recent disruptive events have shown how ill-equipped supply chains are to deal with frequent massive disruptions. The pandemic, geopolitical tensions, and changing buying patterns in the B2B, B2C, and D2C customers requires a paradigm shift in supply chain strategy and lean supply chain management. The development of a lean supply chain in today's environment requires an implementation methodology that focuses on developing a lean supply chain strategy that fully considers customer needs across all channels and drives a company's business strategy. The appropriate strategies and management approaches to leverage technology, supply chain best practices, organizational capabilities, and metrics are all necessary. Employing the Supply Chain Hierarchy of Needs™, a supply chain practitioner will be able to create a robust supply chain strategy utilizing lean and agile techniques and understand how to bridge the gap between strategy and results.
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Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
The Current State of Lean Supply Chains
- Definition of Lean Supply Chains
- The Impact of Increases in Disruption Frequency and Other Challenges
- The Role of Technology
- The Relationship to Business Strategy
Lean Supply Chain Considerations
- Objectives
- Scalability
- Resiliency
- People
- Balance of Risk
Business Strategy and the Relationship to Lean Supply Chains
- Business Strategy Defines the Lean Supply Chain Strategy
- Supplier Strategies
- Leveraging Technology
Lean Supply Chain Strategies
- Agile vs Lean
- The Customer and the Supplier
- Creating Scalable Supply Chains
- Total Cost of Ownership
- Leveraging Technology
Management and Transformation
- Supply Chain Hierarchy of Needs™
- Bridging the Gap Between the Current State and the Future State
- Managing Lean Supply Chains
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on September 14, 2022.
Call 1-866-352-9540 for further credit information.
- AIPB 1.0
- This program is acceptable for 1.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
- CPIM/CFPIM/CSCP 1.0
- This program may qualify for 1.0 certification maintenance points toward the CSCP, CPIM and CLTD designations through The Association for Operations Management.
- ISM 1.0
- Participants who successfully complete this program will receive 1.0 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Jim Gitney
Group50
- Founder and CEO of Group50 Consulting, a Supply Chain Consulting Firm that provides Supply Chain Management Consulting and Supply Chain Management Solutions to manufacturing companies
- Considered a strategy, operations, and supply chain subject matter expert with over 30 years of experience in world-class companies ranging from start-ups to Fortune 50 companies including GE, Black & Decker, Sunbeam, Rain Bird, and Pankl Aerospace
- Has extensive experience in running large global operations and working with boards, business owners, and executives on developing and implementing transformative strategic initiatives including Mergers and Acquisitions, integration, and lean supply chain management which encompasses business process engineering and sustainable continuous improvement initiatives
- Member of the board of advisers for Thinaër and a strategy lead for multiple companies
- Has been an instrumental part in the development and launch of DeWalt and Snakelight at Black & Decker, 11 operational and financial restructurings, the design and launch of Black & Decker’s Global TQM process, and adapting blockchain to the supply chain
- Participates in speaking engagements and has written over 125 articles on critical topics supporting middle market companies
- BSME degree, University of Delaware; MBA degree, Gannon University
- Can be reached at [email protected], (909) 949-9083, or https://www.linkedin.com/in/jgitney
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Why Lorman?
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